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News Digest- Mumbai Blasts, Indian Govt., Accel Partners, RCom-Digicable, Idea

- Following yesterday's blasts in Mumbai, citizens came together online on Social networking platforms such as Twitter, Facebook and Google+, to extend help and transmit information. More on ZDNet - The Indian government has asked Google, Skype and other such companies to allow the country's security agencies to monitor their user services to guard against terrorism and other crimes, according to the Minister of State for Communications and Technology, Sachin Pilot. More at The Wall Street Journal Recommended Reading - Is it the job of Google, Twitter & ISPs to maintain India's National Security? - RTN - Accel Partners, the global venture capital and private equity fund, is planning to allocate $125 million in a fund focused on investing in Indian ventures. More at Business Standard - The Reliance Communications’ deal to buy cable operator Digicable has come under the scanner of the Information & Broadcasting ministry over the issue of cross-holding rules, since cable and DTH companies cannot hold more than 20 per cent stake in each other. More at Business Standard - Idea Cellular has challenged the recent order of the company bench of the Delhi High Court , which said no to transfer of six licences of Spice Communications to the Aditya Birla group firm, which acquired it in 2008, before a division bench. More at The Economic Times - The Finance Ministry, in a recent letter, has asked the Telecom department to immediately auction one block of airwaves which can be used by communication firms for wireless…

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